The Reserve Bank of India’s (RBI) external committee member, Nagesh Kumar, recently voted in favor of a 0.25 percent reduction in the repo rate. This decision carries significant implications for the Indian economy and signals a pivotal moment for the RBI as it embarks on the journey to normalize its monetary policy. In this article, ...
The recent statement from RBI Governor Shaktikanta Das has sparked discussions among economists and market analysts regarding the implications of the current repo rate and its potential impact on the economy. With the backdrop of persistent retail inflation, the dynamics of monetary policy in India are becoming increasingly complex. This article delves into the reasons ...
The Reserve Bank of India (RBI) has opted to maintain its key interest rate, known as the repo rate, while simultaneously moderating its previously aggressive stance. This decision marks the initial step towards a potential reduction in interest rates in the future. Understanding the implications of this decision is crucial for various stakeholders, including consumers, ...